Just my two cents...Real estate should be about creating products that creates fruits that feed you over and over.

If no positive quality then it is a liability only.

This post is one investor's techniques for building a quality out of state team; starting with how he qualifies Realtors and Property Managers, and determining if a PM will protect his interests.

If beds and baths are the same, and the two house will be comparable in quality and finish, and they're nearby, they're going to be much closer in price.

We have formed a network of licenced contractors that we have worked with over the past , that are all quality sub contractors.

You're selling a product.

It is a cost of doing business that is paid by the consumer who ultimately buys a product or service from them.A natural person is the only entity in this country that is prohibited from passing through all taxes to someone else.

All of the homes from what I can tell which are foreclosed on in this area require 10-15K of rehab to make them retail quality.

Just remember that the "gurus" main purpose is to upsell you to a more expensive product and you will therefore only read the positive side of the business.

If you pay a quality lawyer for your paperwork and are a diligent professional in setting up procedures and systems for doing business, then you can mitigate a lot of this risk yourself.General liability insurance: This helps cover the LLC if someone slips and cracks their head open on the sidewalk, gets hurt at work, etc.